Tuesday, January 8, 2013

IEA Renews Push for CCS

The International Energy Agency (IEA), a longtime advocate of CCS, has renewed its campaign for carbon capture and storage technology. The organization has declared CCS a priority for 2013, pledging to promote action across the policy spectrum, in developed and developing countries. One particular focus will be to advance work on storage site characterization and development. IEA will also encourage adoption of innovative incentives for CCS deployment, such as the "contracts for difference" (CFDs) envisioned in the UK's proposed Electricity Market Reform bill (see Electricity Market Reform in the UK, 12/9/12). IEA plans to release an updated version of its landmark 2009 CCS technology roadmap later this spring.